Steel industry players say retaliatory tariffs for Canadian steel need ‘real teeth’ as lobbying efforts heat up

The U.S. market is closed off to Canadian steel-makers because of the 50-per-cent tariff on steel and aluminum, according to Algoma Steel CEO Mike Garcia.
Mark Carney
Prime Minister Mark Carney said in a press release on July 16 that the Liberal government 'is taking a series of major measures to support, reinforce, and transform' the steel industry in order 'to be more resilient in the face of profound shifts in global trade and supply chains.'

With the U.S. effectively cut off from Canadian steel because of a high tariff, Algoma Steel's message to Ottawa is that much stronger measures will be needed to help the ailing industry pivot to the domestic market over the long term if a trade deal cannot be reached.

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.


Already a Subscriber?

Get Tuesdays: Innovation & Industry Newsletter

The policies, decisions, and people working on investment and regulation in the industry and innovation realm.


By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

MORE News

RELATED STORIES